Cash Balance Account definition

Cash Balance Account means the account that the Customer has placed advance fund with the Company in the amount identical to the full amount of the Securities to be purchased, prior to the securities trading; that has an agreement allowing the Company to deduct fund, upon the Company’s instruction, from the Customer’s account in which the fund is deposited to cover the purchase of securities in full, prior to the securities trading; or that the Customer has remitted fund obtained from sale of securities into such account prior to the securities trading or has transferred fund obtained from sale of securities into such account.
Cash Balance Account means, with respect to any Participant, the bookkeeping account established with respect to the Participant under Article 5 below.
Cash Balance Account means the notional account deemed to have been established for each Member for the purpose of determining each Member's benefit under the Cash Balance Formula.

Examples of Cash Balance Account in a sentence

  • Most salaried employees of Ameren and its subsidiaries, including the NEOs, earn benefits in the Cash Balance Account under the Ameren Retirement Plan (the “Retirement Plan”) immediately upon employment.

  • A Group II Member who receives a Normal Pension shall also receive the amount in his or her Cash Balance Account plus Regular Interest thereon multiplied by two (2).

  • After a Group II Member’s Separation of Service and upon his or her request to the Pension Office to take a refund of his or her Member Contributions, such Member shall receive his or her Cash Balance Account plus Regular Interest thereon.

  • This is in addition to following other steps within this policy as appropriate.A bullying incident (including cyber-bullying) could be treated as abuse and therefore a child protection concern and will be covered by the remit of this policy if there is reasonable cause to suspect that a child is suffering or likely to suffer significant harm.

  • Cash Balance Account shall mean the individual nominal account administered by the Fund and established for Group II Members in Service between July 1, 2011 and September 30, 2013 to account for overtime Member Contributions made to the Fund.


More Definitions of Cash Balance Account

Cash Balance Account means a cash account that is used for trading securities with the company for which the Customer has deposited money in advance to the Company before trading the securities.
Cash Balance Account means the notional account maintained under the pension plan sponsored by the Company or its affiliates to record cash balance plan benefits.
Cash Balance Account means the hypothetical account established for each Appendix G Member pursuant to Section III of this Appendix G.
Cash Balance Account means the notional account deemed to have been established for each Participant for the amount determined pursuant to section 5.1(c), (d), (e), and (f); and with reference to which the Projected Cash Balance Account is determined.
Cash Balance Account means the separate bookkeeping account established and maintained for each Participant as provided in Article 3.
Cash Balance Account means a hypothetical bookkeeping account to which is credited the allocations and interest credits on behalf of a CEI Participant pursuant to Article IV.
Cash Balance Account means a hypothetical bookkeeping account used solely in calculating the amount under this Plan of a Cash Balance Participant’s Benefit Based on the Cash Balance Account, as described in Section 4.03. The term “Cash Balance Account” does not include amounts credited to the Qualified Deferrals Cash Balance Account, as described in Section 4.11.